Currency Trading - Strategies for the Global Markets

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• 
  Osama Mamdouh

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  Hi

  Hello All market movers,
  
  Would like to introduce my self as I discovered a new passion and who knows it could be my new trade!
  
  Regards
  Osama
  
  • 01 Jun 2008, 2:36 pm
  Osama Mamdouh wrote: > Hello All market movers, > > Would like to introduce my self as I discovered a new passion and who > knows it could be my new trade! > > Regards > Osama
• 
  Andrei Knight    Group moderator

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  Re: Hi

  Welcome, Osama... take your time to learn and to practice on demo. There's a saying that "95% of traders fail", but I honestly think that is because 95% of traders rush the early steps.
  
  I wish you much luck, success, and most of all fun on this journey.
  
  -=A
  
  • 03 Jun 2008, 01:55 am
  Andrei Knight wrote: > Welcome, Osama... take your time to learn and to practice on demo. > There's a saying that "95% of traders fail", but I honestly think > that is because 95% of traders rush the early steps. > > I wish you much luck, success, and most of all fun on this journey. > > -=A
• 
  Osama Mamdouh

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  Re^2: Hi

  Thanks Andrei,
  
  That's what I am doing now DEMO DEMO AND MORE DEMO!
  
  But tell me what's your views on the autotrade option , I have been in Trdency and so far the acount is showing a healthy 10% increase on equity. What is your advise ?
  
  Regards
  
  • 03 Jun 2008, 09:40 am
  Osama Mamdouh wrote: > Thanks Andrei, > > That's what I am doing now DEMO DEMO AND MORE DEMO! > > But tell me what's your views on the autotrade option , I have been > in Trdency and so far the acount is showing a healthy 10% increase on > equity. What is your advise ? > > Regards
• 
  Andrei Knight    Group moderator

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  Re: Auto-traders

  My advice on auto-traders is to watch them closely. Most perform well under the specific market conditions which they were designed for, and can begin to malfunction when situations quickly change. They can perhaps help alert you to opportunities, automating some tasks, but they shouldn't replace sound judgment and your own analysis. Banks have yet to fire all their human traders. :)
  
  • 03 Jun 2008, 12:22 pm
  Andrei Knight wrote: > My advice on auto-traders is to watch them closely. Most perform > well under the specific market conditions which they were designed > for, and can begin to malfunction when situations quickly change. > They can perhaps help alert you to opportunities, automating some > tasks, but they shouldn't replace sound judgment and your own > analysis. Banks have yet to fire all their human traders. :)
• 
  Anne Fonda

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  Re^2: Auto-traders

  hi osama to know you as you already got some useful tips from Andrei who is having a very good knowledge trading and forex. I haven't used auto trading since they are robots and don't have the mind to think. Some formulas are programmed and they work according to that. but things happens to change in trading and forex an experienced person who has years of experience couldn't say whats gonna happen so how could a robot. I prefer manual trading then auto trading.
  
  • 15 Nov 2008, 11:46 am
  Anne Fonda wrote: > hi osama to know you as you already got some useful tips from Andrei > who is having a very good knowledge trading and forex. I haven't used > auto trading since they are robots and don't have the mind to think. > Some formulas are programmed and they work according to that. but > things happens to change in trading and forex an experienced person > who has years of experience couldn't say whats gonna happen so how > could a robot. I prefer manual trading then auto trading.